Latest Stock Market News

A White Marubozu is a bullish candlestick pattern that forms when the opening price is the lowest and the closing price is the highest for a given period.

HDFC Bank shares appeared to crash 62% on Tuesday, but the decline was only a technical adjustment as the stock turned ex-bonus after its 1:1 issue. The bonus shares increase liquidity and retail access, without impacting the bank’s market capitalisation or shareholder value.

Indian stock markets experienced a significant decline. Sensex and Nifty both fell sharply on Tuesday. This drop followed the United States announcement of potential tariffs on Indian goods. The proposed tariffs could reach up to 50%. Investors are reacting to this trade development. Currency fluctuations and foreign investor selling are also contributing to the market downturn.

As Ganesh Chaturthi brings festive hope, expert Jigar Mistry advises investors to remain cautious. Global tariff disputes and delayed US rate cuts impact market sentiment. While corporate earnings show growth, revisions suggest a slowdown. Mistry highlights potential in travel, hotels, and financials.

Tata Motors is set for a major restructuring after the NCLT, Mumbai Bench, approved its Composite Scheme of Arrangement with subsidiaries TML Commercial Vehicles and Tata Motors Passenger Vehicles. The move will demerge the commercial vehicle arm and merge the passenger vehicle unit, creating a streamlined structure aimed at boosting operational efficiency, strategic focus, and long-term growth.

Indian stock market returns have stagnated, underperforming bank fixed deposits over the past year, frustrating investors who anticipated continued growth. While domestic inflows provide support, selling pressure from FIIs and promoters has created a time correction phase. Experts suggest focusing on long-term investment strategies, as historical data indicates equities offer superior returns over time, despite short-term volatility.

ONGC has commenced natural gas sales from the Chinnewala Tibba field in Rajasthan, a Discovered Small Field (DSF-II) block, supplying 1.0 LSCMD to RRVUNL. This move enhances domestic energy production and strengthens India s energy security, facilitated by collaboration between ONGC, DGH, GAIL, OIL, and RRVUNL. Despite this achievement, ONGC s shares have experienced a decline over the past year.

Delta Corp s stock has experienced a 9% drop in the last three sessions due to the ban on real money gaming (RMG), extending its year-long underperformance. Technical analysis suggests potential consolidation between Rs 82.80 and Rs 96.20, with analysts recommending caution.

Patel Retail s shares debuted strongly, listing with a premium of 19.6% after its IPO was oversubscribed 95.69 times. The IPO proceeds are earmarked for debt repayment, working capital, and general corporate needs. The company, operating as Patel s R Mart, focuses on tier-III cities with a chain of supermarkets across Maharashtra and Gujarat.

OYO, the global travel tech firm, is planning to file its Draft Red Herring Prospectus in November. The company is expecting a valuation of USD 7-8 billion for its IPO. OYO may approach its board with the proposal next week. SoftBank, a major shareholder, has engaged with several banks to assess market sentiment.